Underwriting
As Energy Boom Nears Cities, A Backlash Grows
Colorado regulators grappling with a historic energy boom that's pushing oil rigs to the very doorsteps of suburban schools and homes were among the first in the nation to require companies to ...
Who Should Educate Policyholders: Agents Or Carriers?
Policyholder education about insurance coverage wording is a critical challenge for the property/casualty insurance industry. But who should be doing the teaching—agents or carriers? During a ...
Economy Looms Large Among Clouds In U.S. Marine Insurance Forecast
The theme last year's International Union of Marine Insurance conference, "Charting the Course through Economic Uncertainty," certainly was on target. Marine insurers from around the world were told ...Model Revolution Ahead In Commercial Lines Including D&O, Say Carrier Directors, Execs
Predictive modeling is rapidly changing the market landscape for the small commercial package risks, and even making a difference for underwriters of large professional liability accounts, carrier ...Is Homeowners Insurance An ‘Epically Disastrous’ Business?
At a conference where industry experts bemoaned the low level of overall returns for the property/casualty industry across all lines, they reported even bleaker numbers for homeowners insurers, ...
Smartphones Could Replace Black Boxes for Auto Rating
The next steps in applying telematics to auto insurance pricing could involve using your smartphone to track your driving behavior, an insurance actuary said recently. During a presentation at a ...Wind Deductibles & Sandy: What It Means for Total Insured Losses
On October 29, 2012, when Hurricane Sandy made landfall along the northeast coast—a year to the day since the last northeastern superstorm and fourteen months since Hurricane Irene — the wind ...